Accepting credit card payments

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KyushuWoozy
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Accepting credit card payments

Post by KyushuWoozy »

For years we (kyushujourneys.com) have been using GMO as our credit card processor because they charge less than 2% transaction fee. However they want to increase our monthly fixed fee from ¥5,500 to ¥55,000!!! Can anybody recommend another local (Japanese) credit card processing company instead?

I know about Stripe, PayPal etc but their transaction fees and exchange rates are horrible, that's why I'm looking for local credit card processing company, thanks.
https://www.kyushujourneys.com/
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YouMeWeThem
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Re: Accepting credit card payments

Post by YouMeWeThem »

There's Komoju, it even has an English interface - https://en.komoju.com/

The rate is higher but there's no flat fee.
KyushuWoozy
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Re: Accepting credit card payments

Post by KyushuWoozy »

Brilliant, thanks, will check it out.
https://www.kyushujourneys.com/
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KyushuWoozy
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Re: Accepting credit card payments

Post by KyushuWoozy »

For anybody looking in the future, after checking out half a dozen options we landed very easily on Flywire.
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Tsumitate Wrestler
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Re: Accepting credit card payments

Post by Tsumitate Wrestler »

KyushuWoozy wrote: Fri Oct 18, 2024 3:14 am For anybody looking in the future, after checking out half a dozen options we landed very easily on Flywire.
Is there a chance you might have made a cost comparison table during your research/investigation period? That would be an amazing resource.
KyushuWoozy
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Re: Accepting credit card payments

Post by KyushuWoozy »

Tsumitate Wrestler wrote: Fri Oct 18, 2024 4:14 am Is there a chance you might have made a cost comparison table during your research/investigation period? That would be an amazing resource.
Flywire beat all others hands-down. I don't really feel comfortable publishing these rates online, not sure if they are commercially protected or not, however if anyone is seriously interested in obtaining a new (or changing their current) credit card processor, drop me a message. Please note however they only work with incorporated companies, not sole proprietors, and there is a fairly significant minimum annual transaction level.
https://www.kyushujourneys.com/
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